Summary
- Michael Saylor, MicroStrategy chairman, recently said about Bitcoin volatility, "Volatility is Vitality."
- Recently, the Bitcoin price has fallen about 20% compared to 1 month ago, but it reportedly rebounded about 5% from the $86,000 range to the $91,000 range.
- MicroStrategy halted additional Bitcoin purchases last week and said it currently holds 649,870 bitcoins.
Michael Saylor, MicroStrategy chairman, recently mentioned Bitcoin (BTC) price volatility.
On the 27th (local time), Saylor said on X, "Volatility is Vitality." It is interpreted as a remark aimed at recent Bitcoin price volatility.
That day, the Bitcoin price rebounded nearly 5% from the $86,000 range to the $91,000 range. Compared with 1 month ago, it is about 20% lower.
Meanwhile, MicroStrategy reportedly did not buy additional Bitcoin last week. CoinDesk reported, "The six-week buying spree that began in early last month has been halted," adding, "MicroStrategy currently holds 649,870 bitcoins."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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